AT&T Inc. (NYSE:T) Plans Quarterly Dividend of $0.28

Key Points

• AT&T declared a quarterly dividend of $0.2775 per share, payable November 2 to shareholders of record on October 12. The annualized dividend is $1.11 per share, representing a 4.4% yield; the ex-dividend date is October 9.
• The dividend appears well covered, with a current payout ratio of 49.8% and an expected future payout ratio of 43.4% based on projected earnings of $2.56 per share.
• In its latest quarterly results, AT&T reported adjusted EPS of $0.65, beating estimates of $0.59, while revenue rose 2.3% year over year to $31.56 billion, slightly below expectations.

AT&T Inc. (NYSE:T - Get Free Report) declared a quarterly dividend on Thursday, September 24th. Stockholders of record on Monday, October 12th will be given a dividend of $0.2775 per share by the technology company on Monday, November 2nd. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, October 9th.

AT&T has decreased its dividend payment by an average of 0.1%per year over the last three years. AT&T has a payout ratio of 49.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect AT&T to earn $2.56 per share next year, which means the company should continue to be able to cover its $1.11 annual dividend with an expected future payout ratio of 43.4%.

AT&T Stock Performance

NYSE:T opened at $25.29 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The business has a fifty day simple moving average of $24.77 and a two-hundred day simple moving average of $24.88. AT&T has a 1 year low of $19.89 and a 1 year high of $29.43. The company has a market capitalization of $173.27 billion, a P/E ratio of 8.38, a P/E/G ratio of 1.25 and a beta of 0.25.

AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company had revenue of $31.56 billion for the quarter, compared to analysts' expectations of $31.80 billion. During the same period in the prior year, the company posted $0.54 EPS. AT&T's revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts expect that AT&T will post 2.33 earnings per share for the current year.

About AT&T

AT&T Inc NYSE: T is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.

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